The Central Bank of Nigeria has issued fresh directives to banks to comply with the amended anti-money laundering/combating the financing of terrorism regulation, 2009 so as to align with money laundering Act, 2011 and terrorism Act, 2011. A circular by the CBN on Friday listed the sections of the AML […]
Tag: Banks
CBN to release guidelines for banking crisis resolution
The Central Bank of Nigeria has said it will take practical steps to prevent another crisis in the banking sector. It has, therefore, announced plan to release a comprehensive framework for the resolution of banking crisis. The Deputy Governor, Financial Systems Stability, CBN, Mr. Kingsley Moghalu, said at a forum […]
Nigeria to sell 105 bln naira worth of T-bills
Nigeria plans to issue 104.70 billion naira ($664.34 million) from treasury bills ranging from 3-month to 1-year maturities at its regular bi-monthly debt auction on Sept. 27, the central bank said on Thursday. The bank said it will issue 21.84 billion naira in 91-day paper, 59.08 billion naira in 182-day […]
